Erin Industries, Inc.

$465,500 PPP Loan in Walled Lake, Michigan

Loan Details

Loan Number
1759917704
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$465,500
Current Approval
$465,500
Forgiveness Amount
$470,873
Forgiveness Date
Jun 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Erin Industries, Inc.
Address
902 N Pontiac Trail
ZIP Code
48390
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332996)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.0M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$378,000
Rent
$30,000
Utilities
$18,500
Health Care
$31,000
Debt Interest
$8,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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